Description
About the Author(s)
Michael C. Thomsett
Book Preview
Please wait while flipbook is loading. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation.
$26.99
This book explains and demonstrates the concept of momentum in chart analysis, which is of great interest to technical analysts. It includes complete explanations of overbought and oversold, where momentum It’s in the broader science of technical analysis, and the importance of moving average crossover. Five major momentum oscillators are explained in depth: relative strength index, MACD, rate of change, stochastics, and Bollinger Bands. Finally, the book provides trading guidance based on momentum, involving coordination of oscillators with other indicators, reversal, and continuation signals.
Momentum powerfully identifies the strength and speed of price movement. Through the use of index calculations, momentum is effective when used as a conforming indicator for other signals found in price, volume, or moving averages. Often over- looked by traders focused solely on price reversals or continuation signals, momentum provides a context to price behavior and to the price trend, and can vastly improves the timing of both entry and exit of trades.
Please wait while flipbook is loading. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation.
Copyright Year | 2019 |
---|---|
Pub Date | July 19, 2019 |
Pages | 146 |
ISBN | 9781949991628 |
Print Price | $26.99 |
EISBN | 9781949991635 |
EBook Price | $17.99 |